Could tokenized stocks create Wall Street’s next “paper crisis”?
CoinDesk reports that Fairmint’s CEO says the SEC’s proposed transfer-agent overhaul could help fix infrastructure before trade-reconciliation problems emerge on-chain.
TLDR
CoinDesk says the NYSE had to close every Wednesday to reconcile trades 60 years ago. With tokenized stocks booming, the outlet reports that Fairmint’s CEO sees the SEC’s proposed transfer-agent overhaul as a possible way to fix infrastructure before the same problem emerges on-chain.
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